Indonesian Political, Business & Finance News

Archive: 23 June 2010

10 articles found

Unilever to Boost Indonesian Investment Amid P&G Price Threat

June 23 (Bloomberg) -- Unilever plans to boost the amount it spends building factories in Indonesia over the next two to three years as it adds products to fend off Procter & Gamble Co. in the world’s fourth-most-populous country. Expenditure will “significantly increase” to about 200 million euros ($242 million), Jan Zijderveld, head of Unilever’s southeast Asian unit, said in an interview.

Jakarta to resume stalled monorail project

The post-apocalyptic look is soooo in, dahling.

Jakarta to resume stalled monorail project

rusting iron and concrete towers are de rigueur for today's modern well-dressed city. but fear not; this news item is merely a "wacana". no-one with actual money is going to go anywhere near this project.

Jakarta to resume stalled monorail project

So the big news is that they're going to sling even more taxpayer money at Jusuf Kalla's company in return for a few rusted-out iron and beaten-up concrete pillars?

Malaysia Interested in Developing Pawnshop Franchise

TEMPO Interactive, Jakarta:Malaysian bank Bank Kerja Sama Rakyat Malaysia or Bank Rakyat Malysia intends to develop the Islamic Pawnshop Franchise Ar-Rahnu X'change, in Indonesia. The Domestic Trade, Cooperative and Consumers Minister , Datuk Seri Ismail Sabri Yaakob, said the step has been taken as an effort to penetrate Indonesian franchises sector, most of them currently operating in the health and food products sectors.

Jakarta to resume stalled monorail project

Jakarta (ANTARA News) - The Jakarta city government has decided to resume the city`s stalled monorail construction project after compensating the private company that initiated it for works already done. Jakarta Governor Fauzi Bowo announced the plan at a plenary session of the Jakarta Legislative Council (DPRD) held to mark the city`s 483rd anniversary here Tuesday.

Company chief on trial for ignoring insurance program

Medan, N Sumatra (ANTARA News) - For the first time in North Sumatra, the management of a private company is currently being tried in court for failing to include its workers in the mandatory Workers Social Insurance (Jamsostek) program. Joni, chief executive officer of plastic recycling company PT Multi Jaya, appeared in a Medan District Court session here Tuesday to answer charges that his company had failed to meet its obligation to have its workers covered by the Jamsostek program.

E Java third biggest energy producer

Surabaya, E Java (ANTARA News) - East Java is the third biggest oil and gas producer in Indonesia after East Kalimantan and Riau. "With 31 mining exploitation concessions, East Java is the third biggest oil and gas producer in the country," East Java regional secretary Rasiyo said in Surabaya Tuesday. Besides the 31 mining exploitation concessions, cooperation contractors, East Java also has 32 mining exploration concessions.

Indonesia has potential as biggest fish exporter

Banda Aceh, Aceh (ANTARA News) - Consultant of the Food and Agriculture Organization (FAO) Erik Hempel said Indonesia may be the world`s biggest fish exporting country. "We know that Indonesia has big fish resources and therefore may have the potential to become the most fish exporter," Erik Hempel told a national workshop in Banda Aceh Tuesday. Erik Hembel said the impost important key to become an exporter is the need to develop information and international trade regulations.

Gemcom Announces Office Opening in Indonesia to Support Local Clients

(MARKET WIRE) -- Gemcom Software International Inc., the largest global supplier of specialised mining productivity solutions, today announced that it will open an office in Jakarta, Indonesia on June 25, 2010. Gemcom's software programs, including Surpac, Minex, MineSched, and Whittle, are already widely used by exploration and mining operations throughout the country. "Indonesia is a vibrant and growing market for mining-related software and services.